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MEANS FGRKEEPING ACCOUNTS.

Patented Dem- 5x 1893.

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A. L. EASTMAN 8v W. H. BABGOGK. MEANS POR KEEPING AGGOUNTS.

No. 510,011. Patented Deo. 5, 1893.

F 195' i @NTRAGT NAI- umoa wnumm'ou. u. c.

UNITED STATES PATENT OFFICE.

ADELEERT L. EAsrMAN, or IuoEEIsTowN, NEW JERSEY, AND WILLIAM II.EABoooK, E NEW YoEIr, N. Y.

MEANS FOR KEEPING ACCOUNTS.

SPECIFICATION forming part of Letters Patent No. 510,011, dated December5, 1893.

Application tiled March l, 1892.

Serial No. 423,346. (No specimens.)

. To all whom it may concern:

Be it known that we, ADELBEET L. EAST- MAN, residing at Morristown,Morris county, New Jersey, and WILLIAM H. BABcooK, residing in the city,county, and State of New York, citizens of the United States, haveinvented`certain new and useful Improvements in l Means for KeepingAccounts, fully described and represented in the following specificationand the accompanying drawings, forming a part of the same.

The object of this invention is to furnish a simple and effective meansof keeping an ac count of installment payments.

The invention consists partly in the combination, with a stub, of aseries of coupons subdivided into two or more detachable slips similarlynumbered, the several coupons of the series being serially numbered; andpart-` lyin record slips and books for Vuse in conjunction therewith.

In the annexed drawings, Figure l represents a book open to exposeseveral series ot' coupons attached to one of its covers. Fig. 2 is asection on line m in Fig. 1. Figs. 8 and 4. are face views of two recordcards divided into spaces for the attachment of the record slipsdetached from the coupons; and Fig. 5 is a view of a contract book opento expose its inner pages.

The book shown in Figs. l and2comprises the covers A, B, connected bythe tlexible back C and having the eyelets D within their edges, andfour detachable pads of which the leaves are bound together ,by means ofthe eyelets f; such pads being secured to the cover A by the paperfasteners e inserted through the eyelets D and f. Each pad is composedof four leaves divided into a stub and coupons, the said coupons beingsubdivided into receipt and record slips g, 7L and h', respectively. Allthe members of the series composing the pad are provided with the sameseries number, as 1052 in the upper pad in Fig. l; and the severalcoupons of the series bear also serial numbers which are common to theirindividual members, as 1, 2, 8, 4, dac., in the series numbered 1052 inFig. l.

The record slips are vpreferably furnished with some mark to indicate towhom they are to be sent when detached, as indicated by the wordsTrustee and Genl Oiice applied thereto in Figi. The number of coupons inthe series is governed by and corresponds with the number of paymentscalled forin the contract.

The record cards shown in Figs. Sand tare divided into spaces suitablefor receiving the record slips 72, and 7L as they are detached, and areprovided at the top and bottom with any desired data to be supplied withthe record slips attached thereto.

Each contract book bears the number of one of the series of coupons;that shown in Fig. 5 being numbered 1052 to correspond with the similarnumber of the upper series of coupons shown in Fig. l. The contractbooks are provided also with leaves divided .into spaces suitable forreceiving the receipt slips detached from thecorresponding coupon bookbearing like numbers.

The device, as above described, may be used as follows:-Upon theconclusion of each sale the agent holding a coupon book furnishes thepurchaser with a contract book bearing the number of one ofthe series ofcoupons in his coupon book and containing a contract as to installmentpayments and other matters relating to the sale; and at each payment theagent detaches a coupon of the said series, aftixing the receipt slipthereof to one of the spaces provided for it in the contract book, andretaining the record slips for application to similar spaces upon therecord cards similarly denominated. The record cards with record slipsattached thereto may be turned in periodically or whenever` the spacesbecome filled.

The invention, as above described, may be used in keeping an account ofthe payments made in the sale of sewing machines, furniture, clothing orother articles upon installments, and is also adapted for the use ofbuilding and loan associations, insurance companies, or other companiesorganized to sell benefits of any kind upon partial payments.

The transactions set forth above may be effected so easily and speedilythat the invention is adapted for use in drug or cigar stores, or inother places ot business in which the clerks areliable to have leisuremoments from IOO the regular established business in which to carry onan agency for an organization such as referred to.

In order to avoid inconvenience in properly applying the receipt andrecord slips as they are detached, the Whole sheet ot' coupons ispreferably coated upon the back with an adhesive coating, which requiresthe` mere moistening of the slip in order to affix it as required.

It will be observed that the record of a sale and of the installmentspaid thereon from time to time may, by the use of oui'iinprovemeiit, y

be kept by the agent, by means oi' the stub s which would remainpermanently in his possession; by his -principal to Whom he sends..

Y leaf divided into a stub and coupons, the said coupons beingsubdivided each into a set of two or more detachable slips constitutingreceipt and record portions, and the subdivisions of each coupon beingsimilarly numbered.

2. The means herein described for keeping account of partial paymentsconsisting of a leaf divided into a stub and coupons, the said couponsbeing subdivided each into aset of tWo or more detachable slipsconstituting reoeipt and record portions, and the subdivisions of eachcoupon being similarly numbered andthe several coupons seriallynumbered.

V3. The combination, with a coupon book comprising a cover having aseries of leaves attached thereto, each leaf being divided into a stuband a series of coupons serially numbered, and each coupon beingsubdividedinto a set of two or more detachable slips constitiltingreceipt and record portions similarly numbered, of a separate receipt orcontract book having spaces upon its leaves corresponding in number withthe series of coupons, as herein shown and described.

4f. The combination, with a coupon book comprising a cover having aseries of leaves attached thereto, each leaf being divided into a stuband a series ot' coupons serially nurnbered, and each coupon beingsubdivided into a set of two or more detachable slips constitutingreceipt and record portions similarly numbered, of a separate receipt orcontract book having spaces upon its leaves to correspond with thenumber ot coupons in a series, and one or more record cards to receivethe record slips, as herein shown and described. v In testimony whereofWe have hereunto .Set .our hands in the presence of two subscribingwitnesses.

ADELBERT L. EASTMAN. VVILLAM H. BABCOCK. Witnesses:

.T No. B. BURNS, Trios. S. CRANE.

